Economics is composed of two hemispheres, the practical, and the ethical. The hemispheres are separated by a dark chaotic barrier that has a detrimental effect on the competence of business, and the goodness of religion.

Medieval remnants cling to unnatural, inefficient, mean spirited visions that began the study of hemieconomics, not economics. Half of the sphere is missing. The backside of the sphere, the ethical side, was conveniently omitted. The role of ethics was invisible. Everyone knew it was there, but their vision of its purpose and its importance was personal. Religions provided a more universal morality, but divorced themselves from practicality, the side of the sphere that everyone could see.

Clear business practices dissolve the barrier separating the hemispheres. Think of a car without gas. Next to it, there is a full can of gas. The car is a wonderful creation, but it is worthless if nobody pours in the gas. God’s creation is wonderful, but it won’t serve our needs if we don’t provide fuel. In the economic sphere, goodness goes places, because it has fuel. Competence requires goodness, and goodness requires competence.

Economics is an effort to maximize kind competence. Kindness has to be generated and shared by each person, and they don’t all agree on what it is, but no earthly power can make them do it, or even definitively describe it. Nevertheless, all economic progress is made or lost based on the application of kindness by each person. Capability has an inverse effect on competence when applied unkindly. Economics is the natural environment people thrive in. We have the capability to improve it, and doing nothing is unkind and destructive.

I am certain of nothing. If there are errors or if there is misinformation, everyone who visits this site would benefit from the corrections. Publish them here.
Veracity, logic, and service are the reasons for publishing this site. Those are not absolute destinations, but they point in a precise direction: toward the betterment of humankind. We all benefit from diligence, kindness and competence. We suffer consequences for traveling in a different direction.

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